The Cultural Determinants of FDI Inflows in Tourism: Global Evidence

• Main Authors: Doytch, Nadia, Nguyen, Canh Phuc
• Format: text
• Published: Archīum Ateneo 2023
• Subjects: Foreign direct investment (FDI) inflows; Institutions; Tourism; Tourism demand; UNESCO; Economics; Social and Behavioral Sciences
• Online Access: https://archium.ateneo.edu/asog-pubs/281; https://doi.org/10.3727/108354222X16692356526020
• Institution: Ateneo De Manila University

This study analyses the determinants of foreign direct investment (FDI inflows in tourism with an emphasis on the cultural determinants for a global sample of countries. More specifically, we examine the role of the presence of UNESCO heritage sites as a factor of tourism FDI. The results show that...